What Ekopak does

Ekopak is a Belgian public company (Ekopak NV, listed on Euronext Brussels) providing industrial water treatment and recycling solutions, founded in 1997 and headquartered in Deinze, Belgium. It employs 101-250 people and operates regional offices in 8 countries spanning Western Europe (Belgium, France, Netherlands), North America (USA), and Asia-Pacific (Philippines, Singapore, Thailand, India), with executed projects also in Pakistan and Indonesia. Its platform spans production of process water and drinking water, industrial wastewater treatment and reuse, ultrapure water systems, and renewable energy generation through biogas valorization, underpinned by proprietary technology including Closed Circuit Reverse Osmosis (CCRO) and the Circeaulair household-wastewater-to-process-water system.

Ekopak's core commercial model is Water-as-a-Service (WaaS), in which the company engineers, builds, finances, and operates a custom water treatment installation on the client's site and charges clients on a per-liter-consumed basis, eliminating the customer's upfront capital outlay while guaranteeing permanent supply of optimal-quality water. Revenue is generated through long-term usage-based WaaS contracts (the primary stream), supplemented by one-time engineering and build contracts for systems such as the CCRO installations delivered to Top Bronnen and Vynova, and recurring operational services covering consultancy, on-site support, disinfection, maintenance, and 24/7 monitoring.

The customer base consists of water-intensive industrial enterprises across glass manufacturing (AGC Mol), energy (E.ON, TotalEnergies), beverages (Top Bronnen), chemicals (Vynova, Prayon), food processing (d'Arta, FrieslandCampina), and textiles (Sapphire). Go-to-market is enterprise field sales, with engineering teams designing each project individually for the host site's specific water profile and regulatory context. The Group also operates subsidiaries Global Water & Energy, Ekopak France, Eko-Wolf-Pak, and Circeaulair to extend geographic and product reach.

Name

Ekopak

Legal name

Ekopak NV

Website

https://ekopak.be

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Ekopak is a Belgian public company providing industrial water treatment and recycling solutions under a usage-based Water-as-a-Service model, serving water-intensive enterprises across glass, energy, chemicals, food, and textile sectors across 8 countries.

Ownership category

akta.pro rank

Product category

Industrial Water Treatment

NAICS

Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (221310)

SIC

Water Supply (4941)

akta.pro primary industry

Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ)

akta.pro secondary industries

Industrial Water Reuse Utilities (ZLD/MLD & Process Water Recycling) (EUANAGAG), Advanced Treatment & Purification Utilities (MF/UF, RO, AOP, UV) (EUANAGAD), Water Systems & Treatment (Pumps/Boilers/Water Heaters/Filtration) (IMAIABAK)

Keywords

• Industrial water treatment
• Water recycling systems
• Wastewater treatment
• Water-as-a-service
• Process water production

Headquarters

HQ city

Tielt

HQ country

Belgium

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Water-as-a-Service (WaaS): Ekopak's primary revenue model where clients pay per liter of water consumed. The company designs, builds, and operates custom water treatment installations on client sites, providing guaranteed water supply at lower cost than conventional sources. Clients only pay for actual water consumption with no capital expenditure required.
2. Custom Water Treatment Solutions: Design and construction of custom water treatment and production installations for industrial clients, including process water, ultrapure water, and wastewater treatment systems.
3. Operational Support & Services: Services including consultancy, on-site support, technological support, disinfection, maintenance, and 24/7 monitoring to keep water treatment systems operational.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Ekopak designs, builds, finances, and operates custom on-site industrial water treatment and recycling installations for water-intensive industries. Its flagship Water-as-a-Service (WaaS®) offering sells treated process water on a pay-per-liter basis, eliminating client capex while providing guaranteed permanent availability of optimal-quality water. Supporting offerings include wastewater treatment, operational support/maintenance services, Circeaulair® household-wastewater-to-process-water upgrading, and biogas valorization for renewable energy recovery.

Product overview

Ekopak offers a portfolio of water treatment solutions organized around its core Water-as-a-Service (WaaS®) model. The product suite includes Waterbehandeling (water treatment) for producing process water and drinking water, Afvalwaterbehandeling (wastewater treatment) for industrial wastewater recycling, and the proprietary WaaS® service which provides on-site water production with pay-per-liter pricing. Supporting offerings include Services (operational support, maintenance, consultancy), Groene energie & biogasvalorisatie (green energy and biogas from water processes), and Circeaulair® (upgrading household wastewater to process water). The subsidiary Global Water & Energy handles complete water supply installations. The company also develops proprietary techniques including Closed Circuit Reverse Osmosis (CCRO) technology. Together, these products follow the 'Revalue. Reduce. Reuse.' sustainable process framework to ensure constant water availability for industrial clients.

Differentiator

Problem solved

Functional benefit

Brands

• WaaS: Water-as-a-Service: a customized service for businesses providing guaranteed permanent water of optimal quality produced sustainably. Customers pay only for actual water consumption per liter.
• Circeaulair

Products and services

• Waterbehandeling (Water Treatment)

Quantifiable outcome

• Millions of liters of water saved through water recycling installations

Named customers9 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Water.orgcoreStrategic or Co-development PartnerEkopak collaborates with the global organization Water.org as part of their Environmental, Social and Governance (ESG) commitment. This partnership supports sustainable water initiatives beyond Ekopak's direct industrial operations.
• VynckecoreStrategic or Co-development PartnerCollaboration with Vyncke, a globally recognized specialist in biomass boilers and energy from biomass. Together they delivered a biomass power plant and water purification system for Sapphire textile group in Pakistan.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Pentair: Global water treatment and flow technology company serving industrial, commercial, and residential markets. Competes with Ekopak in industrial process water and treatment equipment.
• Ecolab (Nalco Water): Global provider of water treatment chemicals and on-site services to industrial customers. Overlaps with Ekopak on industrial water management and on-site operating models.
• Xylem: Large public water technology company providing treatment, pumping, and process water solutions to industrial and municipal customers. Competes across the same industrial water treatment value chain as Ekopak.
• Veolia Water Technologies: Global water treatment and industrial process water player offering design, build, and operate solutions across industries. Directly overlaps with Ekopak's industrial WaaS model but at vastly greater scale and geographic reach.
• SUEZ Water Technologies & Solutions: Industrial water and wastewater treatment specialist serving similar heavy-industry customers (chemicals, food, pharma). Directly competes with Ekopak on process water, ultrapure water, and reuse solutions.

Direct peers

• Befesa: European-listed environmental services company focused on industrial water and waste recycling for steel, metals, and chemicals customers. Comparable European industrial water/waste services profile.
• Ovivo: Pure-play water treatment equipment and solutions provider to industrial and municipal clients. Directly comparable technology and customer overlap with Ekopak's industrial water business.
• Kurita Water Industries: Japan-based industrial water treatment company providing process water, ultrapure water, and wastewater reuse to industrial clients. Highly comparable business model and customer verticals to Ekopak.
• Aquatech: Specialist in industrial water treatment, desalination, and reuse with a Water-as-a-Service orientation for heavy industries. Closest peer to Ekopak on WaaS industrial water delivery.

Emerging players

• Fluence Corporation: Provider of decentralized water and wastewater treatment solutions with industrial and municipal focus. Comparable on modular/custom industrial treatment but at smaller scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ekopak